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Below is an in-depth analysis and side-by-side comparison of Zero's Subs vs Apple Spice Junction including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $150,000 - $250,000 | $280,000 - $500,000 |
Franchise Fee | $15,000 | $37,500 |
Royalty Fee | 6% | - |
Advertising Fee | - | - |
Year Founded | 1967 | 1988 |
Year Franchised | 1996 | 2002 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | 10% of current franchise fee | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | - |
Marketing | Ad slicks, National media | - |
Operations |
Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
In 1967, Gene Schmidt started ZERO'S SUBS. Zero’s Subs is one of the largest regional sandwich franchises in the U.S. with more than 30 restaurants nationally. Since its inception in Virginia Beach in 1967, Zero’s Subs has created a proven fast, casual concept which offers high-quality foods, such as hot oven-baked subs, hearth-baked bread, Hormel meats, buffalo chicken wings, innovative health-conscious salads, wraps and pizza - all under one roof.
The bakery-cafe segment of the restaurant industry is the fastest and strongest growing segment today. And, with limited competition. Open a classic American eatery to your neighborhood offering creative, savory and healthy options all day long. Designed as a gathering place - whether it’s to catch up with friends over a great cup of coffee, hold an informal business meeting, dine as a family, or a place for the team to celebrate after the game. Apple Spice Cafe & Bakery will become your community’s place to dine in or grab and go!